Wall Street pros warn of more stock market volatility 🎢
Minneapolis Fed's Kashkari 'actually happy' about the sell-off 🥊
The Fed-sponsored financial market beatings continue.
The S&P 500 fell 3.4% on Friday and another 0.7% on Monday after Federal Reserve Chair Jerome Powell reiterated that the central bank’s ongoing efforts to cool inflation would come with “some pain” in the economy.
“For the near term at least, pain will be the name of the game,” Sam Stovall, chief investment strategist for CFRA Research, said on Monday.
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